In the S&P 500, a quiet day is expected on Tuesday as the market focuses on Fed commentary coming out on Wednesday.
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 30 April 2024 SELL LIMIT Order: $2336.52 Stop Loss: $2347.08 Take Profit 1: $2326.21 Take Profit 2: $2312.50 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Introduction to Options on Corn Futures Corn Futures are one of the staple commodities traded on the Chicago Board of Trade (CBOT), representing a critical component of the agricultural sector's financial instruments. Each Corn Futures contract is standardized to 5,000 bushels, and the price is quoted in USD-cents per bushel. Contract Specifications: Point...
Soybean rebound in a down channel; good risk-reward opportunity. Price and levels are in the chart. Good luck
On the 4 hours timeframe Gold has made a bearish flag making it very suitable for a sell trade. No Divergence till now and will be taking trades according to the books. Entry on the poll. My Trade: Entry:2291.46 Stop loss:2358.20 Take profit 1:2227.82 Take profit 2:2164.18
Crude Oil may be losing some of the geopolitical war premium. Signs of weakening economy may not be enough to keep oil uptrend. SP500 (blue line on chart) may also be lining up with the same potential drop in crude oil. Crude Oil 80-81 level is support, breaking that could imply a exention lower to near 75.
Gold has rebounded every time it fell recently, and the market has not reversed. Gold can be bought directly at 2335 in the US session. The previous article also directly and publicly suggested that longs enter the market. Today, the Asian session opens, and we need to improve our thinking. It is expected that the upper breakthrough position will be around 2353,...
#GOLD... Well guys after yesterday range mess now market have 2334 as immediate supporting area, Keep close it because if market hold it then further upside move expected from here. Buying will be invalidate below 2334 Good luck Trade wisely
Had an eye on this one for a while and there've been a few points I thought we might be making a high in this but so far taken no action on it (Which has proven wise). Now we have a strong confluence of sell signals, though. We have the potential AB=CD topping patterns and this comes in at the 1.61 head fake level. See strategy info here: 1.61 head fake is...
Gold didn't break 2328-2333 support yesterday. Ideally I was expecting it tests 2360 and goes down. However, Gold may directly go down from current price today, as today is the last day of the month and a lot of profit taking will take place. We should sell if the 4hourly trend line is broken or from 2360 zone. Patience is the key!
We closed the day just 2 ticks from the open. That is the definition of consolidation! There was one setup to speak of and I think it was a pretty high probability one. The opening gap acted as a magnet to give the setup more conviction.
Crude oil market analysis Crude oil is much simpler, and crude oil forms a multi-bottom form near 80.00, so we stick to the optimistic idea that a return to support is a buying opportunity! The size trend of crude oil is bullish, the weekly close is small, this week may see optimistic performance, the recent crude oil inventory data is to support the bullish...
Today I tell you very clearly to sell gold 2345-2350 We make a profit at 2329 Then we bought gold around 2330 and made a profit again Then around 2345, if you continue to sell gold, you will make a profit! Today, the market has been moving within the range we have been analyzing throughout the day. Did you see that? Can check my last article I was clearly given...
After a prolonged appreciation of price, last week Monday saw a gigantic sell off with little to no manipulation, closing below may pools of intraday sellside liquidity indicating that a minor retracement in comparison to the grand scheme of the bull trend is acceptable and further downside is likely, at least down to the daily bullish order block located @ 2306 -...
In comparison with ES and NQ, YM has been more disciplined in terms of following market order flow as there are few liquidity gaps present and the ones that are present (such as the one I outlined last week @ 38238 - 38150 was respected going into last weeks trading. I must note that Thursdays sell off through the newfound liquidity void has meant that smart...
Similar to ES, NQ has been relatively choppy throughout the last trading week with liquidity voids popping up in the daily timeframe from Tuesday going into Wednesday, Wednesday going into Thursday and Thursday going into Friday with even a bit of a void in Mondays opening compared to Fridays Close. In relation to running buystops, NQ has not dealt that much...
Although during the meat and potatoes of last week has been very choppy, with many gaps appearing in price action on the daily timeframe, ES has managed to reprice through the prior weeks buystops into a sellside imbalance buyside inefficiency located between 5123.25 - 5248.75. I do not believe the buying pressure is over yet as just above the SIBI is a bearish...